Change in Director / Key Managerial Personnel

  • Appointment of Mr. Dasigi Venkata Surya Prakash Rao (DIN: 03013165) as Chairperson: Designated as Chairperson of the Board of Directors and the Company effective August 14, 2026. He shall continue to hold the offices of Executive Director & Chief Financial Officer on his existing terms and conditions. The additional designation does not alter his existing tenure or remuneration. He is familiar with the company's operations, financial reporting, strategic priorities, regulatory obligations and stakeholder requirements. Not related to any other Director. Confirmed he is not debarred from holding office by SEBI or any other authority.
  • Appointment of Mr. Srikanth Tatipaka (DIN: 10127391) as Additional Director: Appointed as Additional Director in the category of Non-Executive Director effective August 14, 2026. To hold office up to the date of the 16th Annual General Meeting. His appointment as a Non-Executive Director, liable to retire by rotation, is recommended to Members for approval. Experienced professional with expertise in operations management, business development, sales strategy, and executive leadership across hospitality and education technology sectors. Holds directorship in STRING FOREX PRIVATE LIMITED. Not related to any Director, Manager or Key Managerial Personnel. Holds no shares in the company. Confirmed not debarred by SEBI or any regulatory authority.
  • Recommendation for reappointment of Mr. Prathipati Parthasarathi (DIN: 00004936) as Independent Director: Recommended for appointment as Non-Executive Independent Director for a fresh second term of five consecutive years commencing from date of approval by Members. His first term ended on April 29, 2026. No continuity of office proposed between expiry of first term and effective date of proposed appointment. Has extensive experience in finance, accountancy, corporate governance and business strategy. Has attained age of 75 years, requiring Special Resolution approval as per SEBI Listing Regulations. Not related to any other Directors.

Key Financial or Operational Approvals

  • Financial Results Approval: Approved the Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026, as reviewed and recommended by the Audit Committee.
  • Limited Review Reports: Took note of the Limited Review Reports issued by M/s. Gorantla & Co., Chartered Accountants, Hyderabad (Firm Registration No. 016943S), Statutory Auditors of the Company.
  • Fundraising Proposal: Approved enabling proposal for raising funds up to ₹500 Crore (Rupees Five Hundred Crore only) in one or more tranches through permissible modes, securities and/or instruments, subject to Member approval and regulatory approvals.
  • Annual Report Approval: Approved the Annual Report including Board's Report for financial year ended March 31, 2026, subject to incorporation of matters approved at meeting.

Strategic or Business Context

No specific business outlook, risk commentary, or strategic context provided in the disclosure beyond the approval of financial results and fundraising proposal.

Any Other Material Information

  • 16th Annual General Meeting: Approved convening of 16th AGM on Tuesday, September 29, 2026 at 2:00 PM IST through Video Conferencing/Other Audio-Visual Means.
  • Scrutinizer Appointment: Appointed Mr. Desina Balarama Krishna (FCS 8168; Certificate of Practice No. 22414), Practising Company Secretary, Hyderabad, as Scrutinizer for remote e-voting and e-voting.
  • Meeting Duration: Board Meeting commenced at 4:00 PM IST and concluded at 4:45 PM IST on August 14, 2026.
  • Regulatory Compliance: All disclosures made pursuant to Regulation 30 and Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.